TDPel Media News Agency

Expert Calls on Nigerian to Take Advantage of AfCFTA’s $3.4trn Economic Bloc

Fact Checked by TDPel News Desk
By Lola Smith

An agriculture expert has called on the Nigerian government to take advantage of the $3.

4 trillion economic bloc that the implementation of the African Continental Free Trade Area (AfCFTA) would provide.

Specifically, he said Nigeria has not been positioned as a ‘real’ stakeholder of agro-export under the AfCFTA agreement.

This is despite the talks around the potentials of AfCFTA to lift millions of people out of poverty and end food insecurity on the African continent.

Speaking on a radio programme , the Chairman of the Nigeria Agro Committee on AfCTA, Captain John Okakpu, emphasised the importance of government policies in leveraging opportunities of AfCFTA.

According to him, the effectiveness and implementation of government policies, especially in the agricultural sector would determine the country’s participation and gain from AfCFTA.

Meanwhile, reports had shown that trade between African nations in agricultural products remained below 20 per cent of Africa’s total agricultural trade, which is one of the lowest in any region.

 
source agronigeria
Expert Calls on Nigerian to Take Advantage of AfCFTA’s $3.

4trn Economic Bloc

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Lola Smith

About Lola Smith

Lola Smith is a highly experienced writer and journalist with over 25 years of experience in the field. Her special interest lies in journalistic writeups, where she can utilize her skills and knowledge to bring important stories to the public eye. Lola’s dedication to her craft is unparalleled, and she writes with passion and precision, ensuring that her articles are informative, engaging, and thought-provoking. She lives in New York, USA.